How to Use Binance’s OTC Trading Portal

How to Use Binance’s OTC Trading Portal

Binance have released a guide that hopes to help you to begin using their OTC trading portal.

OTC services have been a popular innovation since the start of 2020 and Binance have been involved in the practice for a short while now. If you weren’t aware of this part of their service but are interested and want to get involved, then their latest blog post will take you through the process that will provide an alternative way to buy and sell bitcoin.

It begins with the basics, i.e. registering and depositing your fiat currencies, which you can complete with the help of Paxos – a financial company that Binance have been working alongside for a while now. It then goes on to explain the further intricacies of the service, such as how you can make transfers using their USD-backed Stablecoin, BUSD.  

The process is one that is simple enough to understand once you have got the ball rolling but the guide is the perfect way to begin. You can read the guide and begin OTC trading with their service by going over to Binance now. Don’t forget also that if you are interested in Futures trading, they have also dedicated a lot of time and effort into their own version of this also.

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